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Old 09-01-08, 05:28 PM   #7
laMon
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Default Re: Oh my, I am impetuous …

Quote:
Originally Posted by Blue_SV650S View Post
Point is this one is cheaper than mine ... I could pretty much buy it outright with the equity I currently hold in mine ... if there is a slump in the housing market due, then my house won’t be worth as much either ... a 10% slump means more £s loosed if your house is worth more (10% of £1 is 10p, 10% 90p = 9p )... NOW is the time to buy houses that are cheaper than yours if you already have a house

....but unless you know the area well that house might be well overpriced and you will be paying over the odds, the only way to do it is to move to rented accommodation and HOPE house prices don't go up! remember we are not in 89/90, today Europe is open, I'm not so sure houses will go down that much, the supply does not fit the demand at this moment... well at least in the south east
But what do I know?
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